Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Strip malls
10450 Progress Way Parker, CO 80134-4036
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-1926937
Property summary
AI-generated overview
This exceptional 2,025 square foot office/flex space is located within the Villages at Parker II complex at 10450 S Progress Way, Parker, CO 80134. Built in 2008, this property offers a prime location in Douglas County, Colorado. The space is part of a larger 4,950 square foot building with multiple tenants. The available area is immediately ready for occupancy. The property type is classified as both office and industrial, making it suitable for a variety of businesses. The flexible layout allows for customization to meet specific operational needs. Ample parking is provided with a 3:1,000 ratio, ensuring convenient access for employees and clients. The building's modern design and efficient layout contribute to a productive work environment. This is an excellent opportunity to secure high-quality office space in a thriving business community. The address is easily accessible and benefits from excellent visibility. The space is currently vacant and available for lease. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
12,150 SF
Lot
1.29 ac (56,323 SF)
APN
R0489385
UPID
US13-1926937
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Thayer Manufacturing LLC Industrial Manufacturer
-
Shycon Design Consultants Architect
-
Allegro Orthodontics Dental Office
-
Dr. John A. Littleford, DO Physician
-
FREE Rapid Antigen and PCR Testing Parker Medical Laboratory Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
Villages At Parker LLC · 9 yrs held
Villages At Parker LLC
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Parker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parker submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$164 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$51,701
Tax year 2023
Assessed value
$593,230
Assessed 2023
Previous assessed
$458,050
+29.5% YoY
Effective rate
8.72%
On assessed value
Assessed land
$113,930
Assessed improvement
$479,300
Land market value
$408,342
Improvement market value
$1,717,908
Total market value
$2,126,250
Applied tax rate
3,366.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
12,150 SF
Lot
1.29 ac (56,323 SF)
APN
R0489385
UPID
US13-1926937
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Villages At Parker LLC
Entity
Mailing address
14405 W COLFAX AVE #295, LAKEWOOD, CO 80401-3247
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2016
—
Villages At Parker LLC
Villages At Parker Lllp
Special Warranty Deed
$5,250,000 · Deutsche Bank National Trust Co
—
—
Parker Tech Center LLC
—
Deed Of Trust
related
$1,000,000 · Community Bk/co
—
—
Villages At Parker Lllp
—
Deed Of Trust
related
$1,941,359 · Citywide Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10450 Progress Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
